Group Exercise 15%

Part I B3 B2 exercise

TASK 1: Please using provided CCI information to create a B3.

TASK 2:

After received the shipment,

Only 400 NMB of Mens OR Boys Jacket were shipped.

Only 5 NMB of Equipment for physical exercise were shipped.

(For your convenience, no need to do a new prorating calculation.

Please just use the Original VFCC/500*400 (in B3 you created) to get the new 400 NMB VFCC,

And Original VFCC of equipment/2 to get the new VFCC)

Please provide B2 for these 2 lines corrections. (In B2 exercise, please use the above simple method regarding the prorating calculation for your convenience!)

Part II Type 10 Type 20 exercise

An importer is creating a Type 10 and 20 for a client looking to temporarily store their goods before being released. The Information for the transaction is described below:

Items being imported:

Lubricating oils for diesel engines (2710.19.91.20 U/M LTR MFN: 12%)

1 Sold @ $580 USD Propane containers (2711.12.10.00 U/M LTR MFN: 18%)

1 Sold @ $920 USD

Duration of Time: 3 Years

Both items made in USA but NO CUSMA (MFN rates only)

*1st transaction number going into warehouse: 26624-124512451

*2nd transaction number to get out of the warehouse: 26624- 000000005

US exchange rate: 1.322 (D/S date of Apr 17)

US Port: 3241.... CBSA Office: 391....... Highway Mode of Trans.... warehouse 25

CCN: 7887 - 25984635

*** The Importer will process both items going into the warehouse, but will extract the propane container.

TASK 3: Using the information above, Create Type 10 and 20 B3s.

Missing info such as importer exporter for task 3, you can make them up or just use Part I information will be ok

Please submit your B3 (tyAB), B2, ty10 B3, type 20 B3. (One member of your team only)

Preferably you can submit as one attachment. (Combine all the forms into one pdf).

Submit your forms under assignment, one team member only.